Surya Roshni Ltd. benchmarking: Perfomance to industry peers

Financial

	Surya Roshni	Goodluck India	Man Industries
Operational Metrics
Plastic Pipes
Manufacturing Capacity - PVC Pipes	12500.0 MTPA	n/a	n/a
Steel
Manufacturing Capacity - Steel Pipes	224010.01 MTPA	500000.0 MTPA	1200000.0 MTPA
Realization/Tonne - Steel Pipes	56207.79 Rs/MT	n/a	n/a
EBITDA/Tonne - Steel	5013.0 Rs/Tonne	8679.18 Rs/Tonne	n/a
Quarterly Sales Volume - Steel Pipes	206787.83 Tonnes	112937.0 Tonnes	n/a
Steel Pipes
EBITDA/Tonne - GI pipes	6465.0 Rs/ton	n/a	n/a
EBITDA/Tonne - Black pipes	4833.0 Rs/ton	n/a	n/a
EBITDA/Tonne- Section pipes	2645.0 Rs/ Tonne	n/a	n/a
EBITDA/Tonne- API & Spiral Pipes	9300.0 Rs/ Tonne	n/a	n/a
EBITDA/Tonne- CR strips	2311.0 Rs/ Tonne	n/a	n/a
Financials
5 yr Average ROE	14.41 %	12.49 %	9.16 %
5yr average Equity Multiplier	1.69	2.33	1.96
5yr Average Asset Turnover Ratio	2.39	1.78	1.15
5yr Avg Net Profit Margin	3.71 %	3.11 %	4.06 %
Price to Book	1.93	2.87	1.63
P/E	15.25	23.98	17.12
5yr Avg Cash Conversion Cycle	64.52 Days	80.9 Days	36.91 Days
Inventory Days	50.48 Days	60.83 Days	67.59 Days
Days Receivable	39.63 Days	39.73 Days	65.13 Days
Days Payable	28.33 Days	20.07 Days	117.92 Days
5yr Average Interest Coverage Ratio	12.71	2.89	3.42
5yr Avg ROCE	20.28 %	21.4 %	16.23 %
5yr Avg Operating Profit Margin	7.07 %	7.39 %	8.03 %
5 yr average Debt to Equity	0.22	0.97	0.23
5yr CAGR Net Profit	16.97 %	40.55 %	8.72 %
5yr Average Return on Assets	8.98 %	5.54 %	4.65 %
Shareholdings
Promoter Holding	62.89 %	56.45 %	43.21 %
Share Pledged by Promoters	0.0	0.0	20.05 %
Change in Promoter Holding (3 Yrs)	-0.07 %	-2.28 %	-2.48 %
Change in Mutual Fund Holding (3 Yrs)	0.6 %	1.06 %	0.0

	Surya Roshni	Goodluck India	Man Industries
Product Wise Break-Up	Product Wise Break-Up Steel Pipe and Strips 76.46 Lighting 23.54 FORGING 0 STRUCTURES 0 SHEETS 0 ERW & CDW PIPES 0 CR Sheet & Pipe 0 Precision Tubes 0 0	Product Wise Break-Up Forgings 16.0 SHEETS 0 0 STRUCTURES 23.0 Precision Tubes 25.0 ERW & CDW PIPES 0 Lighting 0 Steel Pipe and Strips 0 CR Sheet & Pipes 36.0	Product Wise Break-Up FORGING 0 SHEETS 0 LSAW pipes, spirally welded pipes and coating systems 100.0 STRUCTURES 0 Precision Tubes 0 ERW & CDW PIPES 0 Lighting 0 Steel Pipe and Strips 0 CR Sheet & Pipe 0
Location Wise Break-Up	Location Wise Break-Up South India 24.95 North India 24.09 West India 21.51 East India 15.49 Rest of the World 13.96 India 0 International 0	Location Wise Break-Up International 0 North India 0 West India 0 East India 0 India 73.0 Rest of the World 27.0 South India 0	Location Wise Break-Up International 80.0 North India 0 West India 0 East India 0 India 20.0 Rest of the World 0 South India 0
Operating Profit Break-Up	Operating Profit Break-Up Steel Pipe and Strips 72.02 Lighting 27.98	-	-
Customer Segment	Customer Segment Rural 57.0 Tier Ii 25.0 Metro Cities 18.0	-	-
Volume Break-Up	Volume Break-Up Black Pipes 30.0 GI Pipes 26.0 API &Spiral Pipes 17.0 Section Pipes 15.0 CR Strips 12.0	-	-
Asset Break-Up - Segment Wise	Asset Break-Up - Segment Wise Steel Pipe and Strips 68.34 Lighting and consumer durables 31.43 Others 0.23	-	-